Chinese Food Prices Remain Stable

CHINA - Prices of agricultural foodstuff s in China were stable during the week of 21-27 October according to a survey by the Chinese Ministry of Commerce in 36 medium and large sized cities.

The retail price of chicken and eggs fell steadily, with egg price down by 0.5 per cent compared to the previous week and the price of chicken stable.

Prices of meats saw both ups and downs. Pork prices went down by 0.2 per cent, while beef and mutton were up by 0.3 per cent and 0.1 per cent respectively.

The retail price of food grain and cooking oil went down, with the price of soybean oil and peanut oil down by 0.2 per cent and 0.1 per cent respectively.The price of rapeseed oil, small packages of flour and small packages of rice remained stable.

The average wholesale prices of aquatic products were up by 0.1 per cent compared to the previous week, of which large yellow croaker, small yellow croaker and small hairtail went up by 0.8 per cent, 0.6 per cent and 0.6 per cent respectively.

The average wholesale prices of 18 vegetables were up by one per cent compared to the previous week, among which, tomato, balsam pear and eggplant were up by 11.1 per cent, 7.8 per cent and 7.2 per cent respectively.